Common use of Adverse Circumstances Clause in Contracts

Adverse Circumstances. No condition, circumstance, event, agreement, document, instrument, restriction, litigation or proceeding (or threatened litigation or proceeding or basis therefor) exists which (a) could adversely affect the validity or priority of the Liens granted to the Agent, for the benefit of the Lenders, under the Loan Documents, (b) could materially adversely affect the ability of any Borrower to perform its obligations under the Loan Documents or (c) would constitute an Event of Default under any of the Loan Documents.

Adverse Circumstances. No condition, circumstance, event, agreement, document, instrument, restriction, litigation or proceeding (or threatened litigation or proceeding or basis therefor) exists which (a) could materially adversely affect the validity or priority ability of the Liens granted Borrower to the Agent, for the benefit of the Lenders, perform its obligations under the Loan Documents, (b) could materially adversely affect the ability would constitute a default under any of any Borrower to perform its obligations under the Loan Documents Documents, or (c) would constitute an Event such a default with the giving of Default under any notice or lapse of the Loan Documentstime or both.

Adverse Circumstances. No condition, circumstance, event, agreement, document, instrument, restriction, litigation or proceeding (or threatened litigation or proceeding or basis therefor) exists which (a) could adversely affect the validity or priority of the Liens liens and security interests granted to the Agent, for the benefit of the Lenders, Bank under the Loan Documents, (b) which could materially adversely affect the ability of any the Borrower to perform its obligations under the Loan Documents or (c) Documents, which would constitute an Event of Default a default under any of the Loan DocumentsDocuments or which would constitute such a default with the giving of notice or lapse of time or both.

Adverse Circumstances. No condition, circumstance, event, agreement, document, instrument, restriction, litigation or proceeding (or threatened litigation or proceeding or basis therefor) exists (i) which (a) could adversely affect the validity or priority of the Liens liens and security interests granted to the Agent, for the benefit in favor of the Lenders, Bank under the Loan Security Documents, (bii) which could materially adversely affect the ability of any the Borrower to perform its obligations under the Loan Documents Documents, or (ciii) which would constitute a Default or an Event of Default under any of the Loan Documents.

Adverse Circumstances. No condition, circumstance, --------------------- event, agreement, document, instrument, restriction, litigation litigation, violation of law or proceeding (or threatened litigation or proceeding or basis therefor) exists which (a) could adversely affect the validity or priority of the Liens liens and security interests granted to the Agent, for the benefit of the Lenders, Lender under the Loan Documents, (b) which could materially adversely affect the ability of any Borrower to perform its obligations under the Loan Documents or (c) Documents, which would constitute an Event of Default a default under any of the Loan DocumentsDocuments or which would constitute such a default with the giving of notice or lapse of time or both.